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Seems like this is a bit of a dupe, so I'll repeat my initial comment: There are many, including those inside Facebook, that are actively asking for more feder

Seems like this is a bit of a dupe, so I'll repeat my initial comment: There are many, including those inside Facebook, that are actively asking for more federal regulations. I don't do regulation discussions. Brings out too much stupid. But I will say that this is a survival ploy. If you get regulated, you are now approved by the government. You're good to go, able to operate freely in society. You just have to abide by whatever the regulations are. Facebook may have a business model that just doesn't work in a society that values privacy, anonymity, and small diverse groups of people with widely-varying mores. This seems to be the lesson Facebook itself is learning now about, well, Facebook. What do we do then? It's not like anybody at Facebook is going to bring that up. They've got a ton of money. What do we do if the existence of Facebook itself is unacceptable?

Slansitartop 9y ago
> If you get regulated, you are now approved by the government. Not necessarily. I suppose it would be possible to regulate it into nonexistence, by undermining the privacy-invading business model. You could probably get at least part-way there by requiring that profile-based targeted advertising and data collection be explicitly opt-in with informed consent. IIRC, the GDPR has a lot of good stuff about how consent must be obtained. Further regulations could mandate that services and incentives cannot be provided conditionally based on tracking or accepting profile-based targeted advertising, etc. If the above regulation takes effect, much of the business value of profile data evaporates. Facebook would only be left with eyeballs to shove non-targeted ads in front of, and maybe generalized market research.